Anglo-Dutch oil giant Royal Dutch Shell met with officials from the National Iranian Oil Company (NIOC) to discuss the development project of Irans Kish gas field.

Iran says its crude oil production will reach 4.5 million barrels per day in a matter of a few years, end of the 6th five-year development plan to 2022.

Ramin Hatami, Chief Executive Officer of the Iranian Central Oil Fields Company, Said that the company is ready to produce 200 million cubic meters of gas per day by South Zagros Oil and Gas Company, one of the three subsidiaries of ICOFC, during the winter.

Iranian Minister of Petroleum Bijan Zangeneh says the fate of all of Irans joint oil and gas fields will be determined by the end of Iranian President Hassan Rouhanis second term to 2021.

The tender for the key Iranian joint oil field “Azadegan” has currently been underway and no speculation on which of the participating foreign and domestic firms would lucky to win the oil field is right, Iranian oil minister, Bijan Zanganeh said.

Iran will be benefited from the deal signed with energy giant Total for developing the 11th phase of the South Pars gas field, literally earn 80 billion dollars of revenue, the managing director of National Iranian Oil Company (NIOC) said.

Iran Federation of Oil Industry (IFOI) has planned to hold a course on enhanced oil recovery (EOR) and improved oil recovery (IOR) techniques management in the Netherlands.

The French energy major Total signed contract with the National Iranian Oil Company (NIOC) for developing phase 11 of the supergiant South Pars Gas Field in Iran.

Iranian Minister of Petroleum Bijan Zangeneh says Iran will need 200 billion dollars for financing oil and gas projects under the 6th development plan of the country.

Iranian crude imports by the main Asian purchasers upped more than 30 percent in the first 5 months of 2017, government and ship-tracking data suggested.